Cardano and Ripple Partnership in the Works? Hoskinson Teases Major Developments
Charles Hoskinson, co-founder of Cardano, has hinted at a potential collaboration with Ripple’s RLUSD stablecoin, revealing that discussions with Ripple Labs’ leadership have taken place.
While details remain unclear, the move could lead to significant advancements in blockchain scalability, a challenge both projects are keen to tackle.
Meanwhile, ADA has struggled, plunging 18% in a week to $0.7637. Broader market turmoil, fueled by economic uncertainty and trade disputes, has triggered massive liquidations exceeding $2.3 billion, with Ethereum alone seeing losses of $258.85 million. Despite the downturn, investor sentiment around Cardano remains hopeful, especially with February expected to bring key announcements.
ADA has dropped 28% over the past month, with trading volumes sinking by over 60% in the last 24 hours. Yet, optimism persists, as the market is beginning to show signs of recovery. In the last day, leading cryptocurrencies have rebounded, with ADA climbing 7.3% to $0.7602.
READ MORE:
Altcoin Surge Is Imminent as Bitcoin Dominance Hits Its Peak, Analyst SuggestsIf Cardano and Ripple proceed with their partnership, the impact on transaction efficiency could be substantial. Analysts believe regulatory developments in the U.S. may also accelerate crypto adoption. Hoskinson himself has hinted that February will be eventful, fueling speculation about what’s next for Cardano.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
MoneyGram Launches MoneyGram Ramps, a Crypto API Service for Developers
Bitcoin ETFs See $675M Inflow, Ethereum Follows Strongly
Bitcoin spot ETFs gain $675M inflow on May 2; Ethereum ETFs also surge with $20M net inflow, both showing zero outflows.Ethereum ETFs Follow the TrendWhat It Means for Crypto Markets

Cardano ETF Could Send ADA Price to $3
Cardano ETF is expected soon and could push ADA to $3 and beyond, marking a historic moment for the blockchain project.Could ADA Hit $3 or More?Why Institutions Are Watching Cardano

Circle Expands UAE Operations With Abu Dhabi Regulatory Approval and Hub71 Partnership

Trending news
MoreCrypto prices
More








